An extended trial balance (or worksheet) extends the trial balance with extra columns for adjustments like eg accruals, prepayments and depreciation.
The resultant, adjusted trial balance, is used to prepare the trading and profit & loss account and balance sheet at year end.

Search

Search for:

Bio

Dan R. Pacini

Hi, as a fully AAT qualified bookkeeper, I provide bookkeeping services to small businesses in Bristol. My website attempts to demystify the process of bookkeeping for self assessment. More…